Central Depository Services (India) Limited — Others, 01-08-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
01-08-2025 | 04:55 pm
01-08-2025 | 04:55 pm
Central Depository Services (India) Limited (CDSL) has provided an update on an arbitration claim. Mrs. Prafulla Shah has filed a Statement of Claims against the company, seeking indemnity for alleged losses due to misutilization of client securities by Anugrah Stock & Broking Private Limited. The claims range from approximately Rs. 83.73 Cr to Rs. 233.37 Cr, plus interest and legal costs, or restoration of securities. This ongoing legal proceeding is a material development for CDSL shareholders given the significant financial amounts involved in these arbitration claims.
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